Personal Inventory Software: Invest in it Before it’s Too Late

Many of us don’t realize the value of personal inventory software until it’s too late. If your home is robbed, or if you’re the victim of a natural disaster, it can be nearly impossible to recall on demand for insurance purposes exactly what you own down to the finest detail – especially when you add stress to the mix. Or what if, simply, you misplace an item? A means to track and catalogue the value of your belongings – personal inventory software, that is — can remove a considerable headache from your life.

Just how much “stuff” does the average person own, anyway? A 2014 story by the L.A. Times (“For many people, gathering possessions is just the stuff of life”) reported that the average American home has approximately 300,000 items. In its 2015 edition of the report “Characteristics of New Housing” the U.S. Census Bureau reported that U.S. homes today are 1,000 square feet larger than they were in 1973, and living space per person has doubled. Nearly one in every 10 American households rents a storage facility. And here are some really eye-opening stats from the national Self-Storage Association:

America has four times as many self-storage facilities as we do Starbucks locations. Seriously. And more than 90 percent of those spaces currently are rented. In fact, the self-storage industry has been the fastest-growing segment of the commercial real estate industry for four decades and counting. At the same time, we’re seeing a growing movement toward minimalism, though old habits die hard, and in our society, it’s a lifelong concerted effort to steer clear of excess consumption.

Regardless of how much stuff you personally own, or how successfully you’re embracing minimalism, it makes good sense to invest in personal inventory software. The asset tracking and management conversation usually focus on companies, nonprofits and other large organizations, but you can’t ignore your needs on the home front. Chances are good you either don’t currently use any asset tracking system, or perhaps you’re using an Excel spreadsheet. But how often do you update that spreadsheet? Life is busy. Personal inventory software can ensure that you’re protecting your interests.

With Asset Panda, you enjoy the peace of mind that comes from knowing your assets are tracked accurately and in real time. You have 24/7 access to your data, and it’s always as near as the palm of your hand. Simply download Asset Panda’s free mobile iOS or Android apps, or use our web app, if you prefer. Because the apps sync with the cloud, your information is always current. You won’t need additional hardware to use Asset Panda – not even a separate handheld scanner, because our app includes a built-in mobile scanner for your convenience. Once you’ve uploaded a new asset, you can add supporting documents, voice notes, videos or photos. Our features are completely customizable, so you can track your assets any way you want. Create customized reports, track depreciation and even GPS coordinates of your assets. Asset Panda is highly configurable and adapts to your needs, so you can make changes at any time. Add as many users as you want – and no matter how technologically challenged those users might be, they’ll find Asset Panda incredibly user-friendly and intuitive.

The best way to discover what Asset Panda’s personal inventory software can do for you is to start your free 14-day trial. To learn more, visit us at assetpanda.com